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PPR - More pocket pivots 9/2/14

Published:

2 Sep 2014 23:32 ET

Several pocket pivots:

Rail transport company CP: accelerating earnings, pretax margin 25.4%, group rank 13. This is a slower stock for more conservative investors, but its price action can be quite constructive at times. It just passed confidently through 200 so the Livermore century rule would apply here.

Aircraft leasing company AER had a pocket pivot after a tight consolidation. Accelerating earnings and sales, pretax margin 30.4%, group rank 46.